401(k) · DOL Form 5500 · 2023

Virgin Galactic, LLC 401(k) Plan

Data updated 2026-08-25

$89M
Total assets Below avg plan size
1,158
Participants Near avg headcount
90th
Percentile by assets National rank
$76,556
Avg per participant Below avg balance/head
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Official DOL plan name: Virgin Galactic, LLC 401(k) Plan · Sponsored by Virgin Galactic, LLC · California · Management of Enterprises

$89M in assets, 1,158 participants

Virgin Galactic, LLC's Virgin Galactic, LLC 401(k) Plan reported $89M in total assets and 1,158 participants in its 2023 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #854 in Management of Enterprises (1,137 peers)

Where Virgin Galactic, LLC 401(k) Plan sits by assets

Virgin Galactic, LLC 401(k) Plan sits in the top 10% of all filed plans by assets, $89M for 1,158 participants (~$76,556/participant), up 39.4% in 2023.

#854
in Management of Enterprises (1,137 peers)
+39.4%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Virgin Galactic, LLC 401(k) Plan's outsized position by total assets

Virgin Galactic, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$88,652,335 Top 10% higher than 90% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Virgin Galactic, LLC 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Virgin Galactic, LLC 401(k) Plan lands in the large band (1,158 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Virgin Galactic, LLC 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Virgin Galactic, LLC 401(k) Plan reported participants rose from 706 in the plan year 2022 filing to 1,158 in the plan year 2023 filing.
  • Virgin Galactic, LLC 401(k) Plan end-of-year assets rose from $64M in the plan year 2022 filing to $89M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 842252157 · Virgin Galactic, LLC PY 2023 · 401(k)

Virgin Galactic, LLC 401(k) Plan · $89M · 1,158 · 90th

  • 5500 $89M
  • ASSETS 1,158
  • PCT 90th
  • EIN 401(k)
  • RANK near Citation Oil & Gas Corp. Retirement Savings Plan
  • PHOTO ind #854

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in California →

Virgin Galactic, LLC 401(k) Plan in the asset neighbourhood

Ameritas Agent 401(k) Retirement PlanAmeritas Agent 401(k) Retire…$89MThe Lawrence Group Companies 401(k) PlanThe Lawrence Group Companies…$89MVirgin Galactic, LLC 401(k) PlanVirgin Galactic, LLC 401(k) …$89MCitation Oil & Gas Corp. Retirement Savings PlanCitation Oil & Gas Corp. Ret…$89MOne10 LLC Employee Savings and Investment PlanOne10 LLC Employee Savings a…$89M
End-of-year total assets ($M) among Virgin Galactic, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$89M
Net Income$25M
Employer EIN842252157
Plan Effective Date2019-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Virgin Galactic, LLC)

Sponsor-wide plan assets over time

All Virgin Galactic, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$101M 58.25413674611251% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $63.6M $101M ▲ +58.2%
Year Plans Participants Total Assets
2022 1 706 $64M
2023 1 1,158 $89M
2024 1 1,010 $101M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Virgin Galactic, LLC 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Virgin Galactic, LLC 401(k) Plan, Total assets ($B): 0.088652335 · Participants: 1158Virgin Galactic, LLC 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Virgin Galactic, LLC 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Virgin Galactic, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Citation Oil & Gas Corp. Retirement Savings Plan in TX ($89M); by covered participants it is Bradford White Corporation 401(k) Plan for Union Employees in PA (1,158 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,158 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Virgin Galactic, LLC 401(k) Plan assets move in 2023?
Virgin Galactic, LLC 401(k) Plan surged - up 39.4% during 2023, from $64M to $89M. Reported net income was $25M.
How have Virgin Galactic, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Virgin Galactic, LLC's sponsor-wide assets grew 58.3%, from $64M to $101M.
Where does Virgin Galactic, LLC 401(k) Plan rank by assets among Form 5500 filers?
Virgin Galactic, LLC 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Virgin Galactic, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Citation Oil & Gas Corp. Retirement Savings Plan in TX ($89M, 481 participants).
Which 401(k) plans cover a similar participant headcount to Virgin Galactic, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bradford White Corporation 401(k) Plan for Union Employees in PA (1,158 participants, $32M in assets).